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Search Results 0 to 21 of about 22 (some duplicates have been removed)
as this week. >> pope benedict xvi giving his last sunday blessing to a massive crowd in st. peter's square. thanking the faithful before he resigns on thursday. and italians are heading to the polls today in a crucial parliamentary election that could shape their future. italy is one of europe's biggest economies. >> kelly: office depot's acquisition of office max among mergers that have been announced recently. wall street appear to have approved but the mergers must get by the justice department. lately they have made a habit of blocking similar deals. what is going on here? joining us is brenda buttner, anchor of "bulls and bears", and always good to see you. why are we seeing so many of these messager deals taking shape? >> money. there is so much corporate cash on the sidelines that has not been invested. essentially what is happening, i think outside the financial sector, it's estimated there is $1.7 trillion on the sidelines in corporate cash reserves. they need to do something with that money. they are feel more confident. they are going to go on a shopping spree and essentially bu
about the future and what it holds for pope benedict xvi, final week cloud by scandal. >> the dow rallying from yesterday's big loss but not so for world markets. italy's election causing uncertainty. the government, europe's third largest economy, facing a deadlock. >>> egypt, tourists flying high above ancient egyptian sites plunging to their deaths when a hot air balloon explodes and crashes. >> 18 people have died. the local government has banned all other hot air balloon flights for now. it happened in luxor. the latest on the investigation. >> ian, let's start with what the theory is at the moment. there are reports of a gas cylinder exploding. describe what you've heard. >> reporter: well, michael, that's exactly what ware we're hearing. an the 1,000 feet a gas canister on the balloon exploded sending the balloon tumbling towards the ground. this comes from multiple reported from eyewitnesses. also eyewitness accounts that people were jumping out of the balloon as it tumbled toward the earth. right now we're hearing 19 people have been killed. this includes tourists from eu
of sex, blackmail, and abuse. the vatican is in total damage role. two papers claim pope benedict's health is not the reason he's stepping down. they say a top secret reports that he's stepping down because some priests are being blackmailed by male prostitutes. the vatican denies it. out front, barbie from rome, and raymond arroyo. really appreciate both of your taking the time. barbie, let me start with you. you're in rome tonight. i'm assuming the leaks are coming from inside the vatican, but why? what are they hoping to get from this? >> you know, this really is about the next conclave. and all this bad news that comes out, it works very much against the insiders who are in charge of the vatican right now. the hierarchy of the vatican is run by the italians and europeans. they were very much in place under pope benedict xvi when he was cardinal joseph ratzinger. maybe it's time for someone outside of rome, who is not engrained in this culture, maybe it's time from someone from a developing nation, someone else to clean house. >> raymond, a former catholic friar in england spok
threatens to overshadow the election of the new pope. tonight, just as pope benedict has moved up the date of the vote, britain's cardinal, keith o'brien, stepping down, after reports that he behaved inappropriately. and now come questions about an american cardinal. abc's david wright at the vatican again tonight. >> reporter: today, britain's cardinal keith o'brien said he will not attend the conclave, because his presence would be a distraction. this weekend, a british newspaper reported that four scottish priests claim o'brien made unwanted sexual advances on them in the 1980s, allegations o'brien denies. it's the latest of several scandals to threaten the dignity of this ancient process. other voting cardinals are known to have covered up for pedophile priests. l.a.'s roger mahony for one. today, president obama's former ambassador to the holy see suggested mahony consider bowing out, too. >> he has to decide for himself in terms of what is in the best interest of the church. >> reporter: and then, there's the italian papers full of reports of a dossier prepared "for the pope's eyes o
in the church may wear those red shoes. so when benedict is no longer the pope, he has to give up the shoes but remember, john paul ii wore the red shoes for a couple weeks early on in his pontificate, then wore brown ones. the pope can really do what he wants. he's the supreme pontiff, the supreme ruler of the church and he kind of can make the rules himself and benedict made these himself today. >> interesting. although as you said, raymond, i say this, you know, can't change the doctrine, right? you do everything. >> can't do that. he can protect the doctrine but not amend it. >> let me talk about one other thing. he wears a ring, fisherman's ring. describe it to me and why he's going to actually destroy it. it looks kind of fluorescent green or yellow on his finger. >> now, this goes back to 1265. pope clement iv referenced this ring in one of his letters to a nephew. it is the sign and seal of his office. when you look closely, you are seeing a picture there, it is a bas relief of st. peter leaning over the edge of the boat pulling in fish. this shows and indicates that the pope, whoev
as they go forward. the big unknown is we won't know who follows pope benedict xvi. >> that's the excitement that now begins as we have the good-bye, the excitement begins. well, our special coverage will continue in just a couple of moments with suzanne malveaux. we'll take a break. >>> welcome to "around the world," i'm suzanne malveaux. >> i'm michael holmes. we've been watching the coverage of the pope retiring. >> it's fascinating. he's no longer the pope. >> fascinating. we'll begin at the vatican. >> history being made today. in less than two hours pope benedict's resignation will take effect. earlier the pope flew from the vatican to a summer residence outside rome. >> he made his final farewell to the crowds, sent out one final tweet to his 1.5 million followers. it said this, thank you for your love and support. may you always experience the joy that comes from putting christ at the center of your lives. we are going to have full coverage of the pope's last day this hour. >>> syria's rebel forces are about to get a lot more money from the united states, not for bullets or bombs, we
, went through a lot more ordeals and i think more health problems than pope benedict, but i don't -- i'm not in a position to criticize. i don't know what his status of health is. >> but if an american president retired on the grounds of exhaustion, they would be ridiculed, wouldn't it? >> i think it wasn't just exhaustion, but he wasn't able to handle the mental challenges to handle his job. it's up to him to make a decision. not been done much in the past. >> a lot of people when i said i was interviewing you. >> yes. >> said to me, as long as last time, said he's the greatest post president america has ever had. is that compliment or a veiled insult? >> i take it as a compliment. my wife would take it maybe as a veiled insult. we did a lot of good things when we brought peace to egypt. we formed an alliance with china after 35 years, we told the truth, we kept our country at peace for four years, which is a rare thing. >> incredibly rare. >> i think we -- peace and human rights. >> has the role of president changed dramatically do you think? >> yes, it has. >> when you look at the c
of pope benedict xvi a week after his announced resignation. according to a report in "focus," the pope appeared to be blind in one eye and is losing his hearing. benedict cited his poor health and decision to resign. february 28th will be his last day as pope. >>> driver danica patrick wins the pole position for the daytona 500. that makes her the first woman to start the legendary race. she told don lemon she loves the idea of going beyond racing in general. >> one of the coolest things is to be able to think that parents and their kids are having that conversation at home about it, and to, you know, i heard stories about a kid, a boy or girl, saying, but, mommy, daddy, that's a girl that's out there racing. and then they can have that conversation to say, you can do anything you want to do, and gender doesn't matter. your passion is what matter s. and that's cool. >> patrick won the pole position by going more than 196 miles per hour. the daytona 500 is this sunday. >>> meteor hunteres say this moment could mean big bucks for them. a sonic boom as a meteor shatters, sending fragments
with the holy father. the pope benedict xvi would tell the cardinals and bishops, talk, open up, let it all be known. >> reporter: he agrees with victims here in milwaukee that the archdiocese has taken an especially hard line to keep abuse secrets hidden and to protect its money. representing hundreds of clergy abuse victims from around the country. >> the archdiocese of milwaukee has been particularly deceitful because they've been insulated for so long. they felt and believed they could get away with it. >> reporter: for decades, wisconsin's state law prevented most victims of sexual abuse from filing lawsuits which protected the church. when that changed, critics say the archdiocese prepared for upcoming lawsuits by moving its money. church financial records show $55 million buried here, in a cemetery trust fund. the church says the money was paid by people who bought burial plots at eight archdiocese cemeteries. a law professor says that if any money was moved to protect the abuse victims, the diocese may have broken the law. >> you can't, in anticipation of insolvency, transfer assets
shows that pope benedict is well liked and the majority of emergency 64%, to be exact, support his unusual decision to abdicate next week, while considering a popular pope with the 54% favorability rating he is 13% less popular than his presses predecessor likability rating. not personally as popular, pope benedict xvi does have something on pope john paul ii, the catholic church experienced a 6% increase in favorability, up from 56% during pope john paul ii's tenure and that's what the survey says. >>> coming up, she beats out her husband in almost every popularity poll. now michelle obama is back on the road and we'll look at what the second term may hold for the first lady. >>> first, the latest from south africa on where the olympic star accused of murder is now a day after being released on bail. you're watching msnbc. i've always had to keep my eye on her... but, i didn't always watch out for myself. with so much noise about health care... i tuned it all out. with unitedhealthcare, i get information that matters... my individual health profile. not random statistics. they eve
before march 15. pope benedict announced his regular nation citing old age. he officially steps down on the 28th. >>> former congressman jesse jackson jr. is in court expected to plead guilty to buy campaign funds including a $43,000 row lex watch. the democrat from chicago faces up to five years in prison but could get less time as parts of a plea deal. >>> in wisconsin a highway is re-opened after a 26 car highly up snarling traffic for three hours. a truck jack knifed, crashed into a ditch. visibility was so poor that some drivers had no time to stop and minor injuries. >>> the post office announced a licensing agreement with a cleveland apparel company which will design clothing and accessories under the rain, heat and snow name. the post office will get a small percentage of the sales and you'll find advanced safety technology like an available heads-up display on the 2013 lexus gs. there's no going back. on the 2013 lexus gs. new griddle-melts to yourime usual breakfast sandwich. a lot more flavor. [ anouncer ] ihop's new griddle melts... made fresh and hot! hand crafted just f
Search Results 0 to 21 of about 22 (some duplicates have been removed)